Newsome warns Chansiri he won’t get £160m

    In an exclusive interview with Football FanCast, former Sheffield Wednesday defender Jon Newsome has warned Dejphon Chansiri that he will not be able to sell the Owls for £160m.

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    Following Wednesday’s relegation from the Championship to League One, the topic of Chansiri potentially selling the club has come up.

    However, according to The Sun on Sunday (via The 72), the businessman is not looking to give up his asset. And if such an idea is to be considered, then potential buyers are looking at £160m in order to complete a takeover.

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    For Newsome, Chansiri has no chance of receiving a fee like that given the situation the Yorkshire outfit currently finds itself in.

    Speaking exclusively to FFC about Wednesday’s future, the retired Premier League footballer said:

    “I’ve heard reports this week that he wants £160m for the football club. Now, he paid £37m for the club, he’s subsequently sold the stadium to himself that’s now on a 30-year lease at £2.5m a year, which is going to be a massive cost for a League One club to pay £2.5m a year to play football at your own stadium.

    And all of a sudden he wants £160m because he says that’s what he’s put in? Well, it doesn’t work like that. It doesn’t work like that.”

    Indeed, it is a figure you cannot see anyone paying, while Chansiri’s public stance is that he takes full responsibility for Wednesday’s relegation and aims to continue at the club.

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